Cripto looks like July 2024. – Here’s what happened next – Tradingview News

In notes published in February 2025. year, the main investment officer Matt Hougan (CIO) in Bob and asset management – drafted the striking parallels between today’s cried market and what he noticed in July 2024. Under the name “short-term hell, in the long run (Reduction), “Hougan’s latest analysis suggests that, despite the current Difficulties, the basic basis of industry remain in force as always.

Cripto echoes since July 2024

Hougan opened his note reminding the environment in July 2024. year, when he wrote an earlier piece called “short-term sick leave, long-term gain.” At the time, the crypto markets were winding: “Bitcoin, who reached the top $ 73,000 in March 2024. Year, it fell into approximately $ 55,000, and 24% withdrawal. Etherum was reduced by 27% in the same period of time.”

At that time, Hougan noticed that “Cripto Market currently faces a strange dynamic. All short-term news is bad, and all the long-term newspapers such as the potential ETF inflow, the upcoming bitcoin of halving and supportive Politics in Washington, DC, contrasting them with the immediate risks like MT. Gok distributions and selling governments.

That analysis proved in a timely manner. “Shortly after I wrote a note, Bitcoin bottom and continued to tear straight to $ 100,000,” Hougan wrote. According to its last note, he sees a similar duality in the game: negative short-term development on one hand and a strong long-term tail for the repression on another.

Yesterday, the crypto markets were under the renovated pressure: Bitcoin fell in one point for more than 10% to $ 8650, Ethereum by 18%, and Solana lower by 21%. Immediate Shutter: Last weekend Hack of Babit, Singapore-based exchange, which has suffered the stealing of $ 1.5 billion through theft of phishing theft.

Although Bibit dipped in his reserves to make the whole clients, violated the terrible industry. Hack followed on the heels of interviews on Memecoin fraud, including the library, approved by the Argentine President and noticed the crypto proposer Javier Miley. Memecoin costs billions of investors in which Hougan was described as “more billion dollar fraud”.

Moreover, Melania, a project related to the first lady Melania Trump, also crashed, causing significant losses for the token owners. Trump, Memecoin associated with US President Donald Road was not better.

“Take together, these events are probably written by the recent Memecoin Bum,” Hougan commented. Although many institutional and long-term participants CRIPTO can see the Memecoin sector with skepticism, its scope of trading and Buzz encouraged total market activities – especially in the ecosystem of Solan.

Despite the negative titles, Hougan indicates a robust basis below the crypto market. First, Hougan emphasizes Pro-Cripto regulation under Trump Administration. According to his opinion, “in the early days of the mass shift in Washington attitude towards the cript.” He states a recent decision of American securities and commission execution to fall for high profile sides of companies such as a hemp and constant legislative effort around Stablecon and a market structure. Such events development, claims, will help the CRYPTO break violations into the main finance.

Second, institutional adoption continues to grow. Purchases of large proportions – including property managers, corporations, and even governments – will continue to build Bitcoin. Hougan notes that this year so far, “investors built $ 4.3 billion in Bitcoin ETFS”, and he expects that digit to the balloon at the end of the year by the end of the year by the end of the year.

Hougan is also expecting StableCoin boom. The stands for Stablecoin under management climbed to a record $ 220 billion, marking a jump of 50% since last year. Favorable legislation that passes through the Congress, Hougan believes that the Sector will be to grow to a million dollars until 2027. Years.

Finally, in Bob, the CIO predicts the rebirth of the defilitation and tokenization. Lending, trading, prediction markets and derivatives see the draft enhanced use. Meanwhile, the tokenization of real property assets continues to hit their time in assets under management, suggesting that national teams based on traditional securities based on blockade and goods in growth.

Hougan returns to his July 2024. Thesis to underline today’s opportunity. The negative side of the market must move in fairytale from the byte hack from the fabric and implosion of multiple memorial projects. On the positive side, regulatory clarity, institutional inflows, spread of stablecoin and default continuing incapacitably.

“That’s what I call without a brainer,” Hougan wrote, emphasized his position that serious long-term factors predominantly surpass short-term obstacles. It offers a measured warning, noting that this difficulty may prove more pronounced than last summer: “Boom Memecoin was big, and the hangover could take days, weeks or months to go through it.”

However, its conclusion remains solid: long-term narrative nature of growth remains intact. “When that happens, I long liked my money,” he said, repetitive that Paloka could be awarded on a market that often glued a volpolility on the title.

At the time of pressure, BTC traded $ 88,349.